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Budgewoi was officially named in 1868. According to the town entry sign, Budgewoi is an Aboriginal word meaning "Meeting of Two Waters".

Brief History:-

1827 - 640 acre grant offered to John Slade who named the area "PUDGEWAY"

1841 - Actual grant allocated to Robert Henderson who renamed it "Budgeway"

1856 - Edward Hargraves purchased Henderson Holdings and built "Norahville" He befriended the Wollombi Aboriginal Tribe with many working on the property. Hargraves leased 600 acres to Elizabeth Bay , Budgewoi and Buff Point where he grazed cattle.

1868 - Officially named Budgewoi.

1903 - Lighthouse built at Norah Head after many vessels were wrecked in the area.